Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Transcribed Image Text:The returns to a portfolio over the last 5 years are:
Year
1
2
3.
4
5
Portfolio Returns
6%
9%
3%
12%
4%
The risk-free rate is 1.55% per year. Calculate the Sharpe ratio. Enter your answer
as a number rather than a percentage. That is, if your answer is 0.92, then enter
0.92 rather than 92%.
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